Tax
Income Tax
Berkshire Hathaway Income Tax decreased by 70.4% to $2.14B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 349.6%, from $476.00M to $2.14B. Over 2 years (FY 2021 to FY 2024), Income Tax shows relatively stable performance with a -0.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionTax
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
Changes may reflect shifts in corporate tax law, geographic earnings mix, or the expiration of tax incentives.
Detailed definition
The total amount of income tax a company expects to pay to federal, state, and foreign governments based on its earnings...
Peer comparison
Global companies often have complex tax expenses due to earnings in multiple international jurisdictions.
Metric ID:
income_tax_expenseHistorical Data
18 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $7.30B | $1.84B | $9.06B | $1.23B | -$12.11B | -$1.53B | $9.00B | $9.24B | -$4.39B | $9.18B | $2.87B | $7.64B | $6.03B | $4.27B | $476.00M | $2.29B | $7.24B | $2.14B |
| QoQ Change | — | -74.8% | +392.1% | -86.4% | <-999% | +87.4% | +688.3% | +2.7% | -147.6% | +309.0% | -68.7% | +165.8% | -21.1% | -29.1% | -88.9% | +381.7% | +215.8% | -70.4% |
| YoY Change | — | — | — | — | -265.9% | -183.1% | +633.1% | +176.3% | -187.2% | — | -68.0% | -17.3% | +237.2% | -53.4% | -83.4% | -70.0% | +20.1% | +349.6% |
Range-$12.11B – $9.24B
CAGR-25.1%
Avg YoY Growth+37.5%
Median YoY Growth-53.4%
Business Segments
| Segment | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Berkshire Hathaway Insurance Group | $1.28B | $1.33B | $1.21B | $1.64B | $1.05B | $1.18B | $1.33B | $1.17B |
| Manufacturing Businesses | $684.00M | $727.00M | $726.00M | $461.00M | $611.00M | $701.00M | $768.00M | $716.00M |
| Berkshire Hathaway Energy Company | -$393.00M | -$434.00M | -$708.00M | -$336.00M | -$422.00M | -$357.00M | -$606.00M | -$430.00M |
| Service And Retailing Businesses | $214.00M | $244.00M | $218.00M | $236.00M | $225.00M | $243.00M | $265.00M | $261.00M |
| Mc Lane Company | $42.00M | $34.00M | $38.00M | $38.00M | $45.00M | $43.00M | $42.00M | $34.00M |
| Pilot Travel Centers LLC | -$1.00M | $28.00M | $18.00M | — | $37.00M | $26.00M | -$3.00M | -$9.00M |
| Total | $2.87B | $7.64B | $6.03B | $4.27B | $476.00M | $2.29B | $7.24B | $2.14B |
Income Tax at Other Companies
Frequently Asked Questions
- What is Berkshire Hathaway's income tax?
- Berkshire Hathaway (BRK.B) reported income tax of $2.14B in Q1 2026.
- How has Berkshire Hathaway's income tax changed year-over-year?
- Berkshire Hathaway's income tax increased by 349.6% year-over-year, from $476.00M to $2.14B.
- What is the long-term trend for Berkshire Hathaway's income tax?
- Over 2 years (2021 to 2024), Berkshire Hathaway's income tax has grown at a -0.2% compound annual growth rate (CAGR), from $20.88B to $20.82B.
- What does income tax mean?
- The amount of money a company sets aside to pay its corporate income taxes.